Oregon Revised Statutes Chapter 273 § 273.375 — Acquisition by state of applicants interest; price
Oregon Revised Statutes Chapter 273 ·
Oregon Code § 273.375·Enacted ·Last updated March 01, 2026
Statute Text
Acquisition by state of applicants interest; price.
In lieu of the procedure set out
in ORS 273.360, 273.365 and 273.370, the Department of State Lands may acquire
for the use and benefit of the State of Oregon, by purchase or exchange, the
interest of any applicant to whom the certificate described in ORS 273.620 (3)
(1965 Replacement Part) has been issued before June 19, 1967, or who acts under
ORS 273.360, 273.365 and 273.370. The price of any such purchase or acquisition
shall be paid to such applicant out of the revenues of the Common School Fund,
and shall not exceed the market value of the land that otherwise would have
been available to the applicant under ORS 273.620 (1965 Replacement Part). [1967
c.422 §6]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 273.375
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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